Life Insurance in CA prepares us for the unexpected.
It is commonly recommended that you have 10 times your annual income in Life Insurance coverage to allow your family to transition from the difficult loss of a family member.
This can take the form of Term or can be combined with a retirement component for permanent life coverage as in the form of an Indexed Universal Life policy (IUL).
Term is designated for a specific period of time (10 year, 15 year or 20 year term).
Simplified Issue means no tests or examination is needed.
Fully Underwritten requires testing and an examination.